Zurn Elkay Water Solutions Corp (NYSE: ZWS) kicked off on Friday, up 0.32% from the previous trading day, before settling in for the closing price of $37.28. Over the past 52 weeks, ZWS has traded in a range of $25.09-$38.11.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Industrials sector was 0.20%. While this was happening, its average annual earnings per share was recorded 24.74%. With a float of $143.47 million, this company’s outstanding shares have now reached $172.26 million.
Considering the fact that the conglomerate employs 2400 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 41.4%, operating margin of 15.56%, and the pretax margin is 11.28%.
Zurn Elkay Water Solutions Corp (ZWS) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Pollution & Treatment Controls Industry. The insider ownership of Zurn Elkay Water Solutions Corp is 16.06%, while institutional ownership is 83.87%. The most recent insider transaction that took place on Oct 16 ’24, was worth 751,800. In this transaction Director of this company sold 20,000 shares at a rate of $37.59, taking the stock ownership to the 345,017 shares. Before that another transaction happened on Oct 16 ’24, when Company’s Director proposed sale 20,000 for $37.55, making the entire transaction worth $751,094.
Zurn Elkay Water Solutions Corp (ZWS) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.29 earnings per share (EPS), higher than consensus estimate (set at 0.27) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.27 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 24.74% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.32% during the next five years compared to 18.47% growth over the previous five years of trading.
Zurn Elkay Water Solutions Corp (NYSE: ZWS) Trading Performance Indicators
Take a look at Zurn Elkay Water Solutions Corp’s (ZWS) current performance indicators. Last quarter, stock had a quick ratio of 1.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.15. Likewise, its price to free cash flow for the trailing twelve months is 22.68.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.77, a number that is poised to hit 0.32 in the next quarter and is forecasted to reach 1.32 in one year’s time.
Technical Analysis of Zurn Elkay Water Solutions Corp (ZWS)
Compared to the last year’s volume of 1.12 million, its volume of 1.35 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 72.56%. Additionally, its Average True Range was 0.79.
During the past 100 days, Zurn Elkay Water Solutions Corp’s (ZWS) raw stochastic average was set at 92.80%, which indicates a significant increase from 74.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 17.06% in the past 14 days, which was lower than the 27.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $33.59, while its 200-day Moving Average is $31.71. Nevertheless, the first resistance level for the watch stands at $37.53 in the near term. At $37.67, the stock is likely to face the second major resistance level. The third major resistance level sits at $37.90. If the price goes on to break the first support level at $37.16, it is likely to go to the next support level at $36.93. Should the price break the second support level, the third support level stands at $36.79.
Zurn Elkay Water Solutions Corp (NYSE: ZWS) Key Stats
The company with the Market Capitalisation of 6.39 billion has total of 172,697K Shares Outstanding. Its annual sales at the moment are 1,531 M in contrast with the sum of 112,700 K annual income. Company’s last quarter sales were recorded 412,000 K and last quarter income was 46,000 K.
